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The Latest Breaking News from Bernard Arnault

What we can expect from LVMH's billion-dollar F1 deal

A recent partnership offers some clues to how luxury conglomerate LVMH will approach its 10-year megadeal with F1.

Motorsport · Oct 7, 2024

Mark Mann-Bryans: Latest global deal shows F1 is a luxury brand in itself

A luxury conglomerate boasting world renowned names, sought after brands and a global appeal announced a landmark partnership on Wednesday evening – as they agreed a deal with LVMH.

Autosport · Oct 3, 2024

Formula 1 and LVMH sign 10-year partnership deal

Luxury brands such as Louis Vuitton and Moët Chandon will be present on the Formula 1 grid from next year after Liberty Media agreed a 10-year global partnership with LVMH which could be worth a reported $1 billion.

Motorsport · Oct 2, 2024

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BLACKPINK's Lisa romance with Frederic Arnault getting serious? Star spotted meeting businessman's parents at Paris Fashion Week

BLACKPINK’s Lisa is making headlines once again, this time for her interaction with the parents of her rumoured businessman boyfriend, Frédéric Arnault.

The Times of India · Oct 2, 2024

Paris Match magazine shifts ownership to billionaire Bernard Arnault

French billionaire Bernard Arnault has added another jewel to his media crown, taking control of Paris Match, one of France's best-known weekly magazines.

Radio France Internationale · Oct 2, 2024

France's Richest Man Takes Control Of Paris Match Magazine

Paris Match, a glossy French weekly known for its celebrity exclusives on Tuesday became part of the media empire of France's richest man Bernard Arnault, after a stint under right-wing tycoon Vincent Bollore's ownership.

International Business Times · Oct 1, 2024

Mark Zuckerberg loses spot as world's 3rd richest person to LVMH's Bernard Arnault

"'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry needs to pivot back to creativity."

Fortune · Sep 30, 2024

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LVMH invests in $2,000 TikTok-viral ski jacket maker

Moncler has become all the rage in recent years under Remo Ruffini's leadership—and LVMH was probably drawn to its success.

Fortune · Sep 27, 2024

Hermès boss doesn’t like the company being compared to LVMH

Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to stratospheric success.

Fortune · Sep 26, 2024

LVMH's Bernard Arnault became richer after China unveiled its stimulus measures

China's stimulus measures boosted shares across the world, including those of luxury companies like LVMH, shoring up Bernard Arnault's wealth.

Fortune · Sep 26, 2024

Bernard Arnault sent a memo banning LVMH staff from talking to certain news outlets

The LVMH patriarch warned employees in a memo reported by French media that if they spoke to the blacklisted outlets, there would be "consequences."

Fortune · Sep 25, 2024

Bernard Arnault plummets down the list of world’s richest men after a $54 billion collapse

The LVMH founder's falling net worth is a sign of a struggling luxury goods industry.

Fortune · Sep 24, 2024

Sephora North America promotes Delphine Herve to finance chief—its first female CFO

This C-suite move follows the recent appointment of the company's first female CEO.

Fortune · Sep 12, 2024

Sephora North America names its next CFO

Delphine Herve joined the company in 2014.

Fortune · Sep 11, 2024

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International Business Times UK · Aug 27, 2024

The Centibillionaires Club: 15 People Worth Over $100 Billion And Three More About To Join Their Ranks

Although there are only 15 centibillionaires, their combined wealth is around $2.3 trillion, according to the Bloomberg Billionaires Index.

Fortune · Aug 21, 2024

LVMH's Bernard Arnault has quietly invested in AI startups via his family office

The AI startups raised $300 million in funding rounds this year, a part of which came from Arnault-backed tech VC Aglaé.

Fortune · Aug 20, 2024

There are only 15 people whose wealth is greater than $100 billion (and some would be richer if they weren't giving it away)

LVMH’s Bernard Arnault remains in the $100 billion club despite a stock decline removing more than $10 billion from his net worth overnight.

International Business Times UK · Jul 31, 2024

Musk Warns Against Nepotism: 'Kids Make You Happy But Don't Automatically Pass Your Business To Them'

Elon Musk advocates for a meritocratic approach to corporate succession, opposing the automatic passing of businesses or shares to children without considering their qualifications.

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Fortune · Jul 24, 2024

LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing their luxury purchases

“Continued economic and geopolitical uncertainties are still impacting certain businesses, notably wine and spirits,” LVMH CFO Jean-Jacques Guiony said.

The Independent UK · Jul 23, 2024

Bernard Arnault has been dubbed the Olympics' godfather. Here's how he built LVMH's fortune

These may be the most luxurious Olympics ever

International Business Times · Jul 17, 2024

Richemont: Luxury Group In Sights Of LVMH'S Arnault?

The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the South African billionaire Johann Rupert, always dismisses.

Fortune · Jul 12, 2024

David Ellison's Paramount merger cements the era of the 'nepo CEO'

David Ellison's Skydance Media is buying Paramount Global with help from his billionaire dad, Larry Ellison, founder of Oracle. To earn respect, he'll have to walk a tightrope.

International Business Times UK · Jun 26, 2024

Blackpink Lisa's Boyfriend: Who Is Frédéric Arnault And What Is His Net Worth?

Although not confirmed, Frederic and Lisa's 'relationship' has been subject to speculations considering the couple's connection to luxury brands

Fortune · Jun 26, 2024

LVMH CEO and world’s richest man Bernard Arnault reveals what motivates him to work 12-plus-hour days, even at 75

The luxury magnate spends his mornings listening to classical music and his free time playing tennis with Roger Federer.

Fortune · Jun 26, 2024

LVMH’s Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

The Arnaults' clout in the luxury world has conjured "Succession" parallels over who might take over. But Bernard Arnault doesn't plan to retire just yet.

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